Open Ended Investment Companies (or OEICs) are a popular way to invest in the stock market. When you invest in an OEIC fund your money is pooled with that of other investors. This means it can be spread across a far wider range of investments, for example equities and/or fixed interest securities, helping you to spread the risk to your money. OEIC funds offer the potential for growth or income and are designed as a medium to long term investment (at least 5 to 10 years).
Because of changes in US legislation, if you are or become a US resident you won't be able to hold any shares in our OEICs. We'll write to you to advise you of your options and that we'll have to sell your shares unless you transfer your investment to another person who is a UK resident.
The value of your investment and any income from it is not guaranteed and can go down as well as up. You may not get back the original amount you invested.